Nigeria being Africa largest Oil producer is a fact many around the world are familiar with and in spite of the many challenges in the industry, this fact remains and at 202 trillion scf of proven natural gas reserves and another 600 trillion scf of unproven gas reserves, it is also home to the largest gas reserves in the continent and 9th in the world. So why isn’t the government doing more to harness this sustainable potential of Gas? The journey ahead is long though as economic development for gas is still ways behind. The Nigerian Gas Flare Commercialization Programme (NGFCP) for instance seeks competent third party investors but haven’t addressed the gaps in gas infrastructure, financing of the projects and the management of the linkage with Oil production as it is Associate Gas (AG) which is being flared. A popular saying goes, the best time to plant a tree is 25 years ago, the second-best time is NOW.”

Source: The Guardian January 08, 2020 01:41 UTC